Monday, October 1, 2012

Fiscal Emergency

Fiscal Emergency The City of East Cleveland, Ohio is headed back into fiscal emergency sometime this fall. Despite being released from state control after about 14 years, the city, is back in trouble. In eight months, the city has not taken reasonable steps to address a series of serious fiscal, administrative, and operation decisions. A absence of revenue, new programs, and experienced municipal expertise to drive innovation and capitialize on its resources and assets have lft the city vulnerable again to political opportunists.